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Area homebuilding permits jump 10 percent

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Single-family building permits rose 10 percent in the nine-county Indianapolis area in March, the ninth straight month of year-over-year increases, the Builders Association of Greater Indianapolis announced Tuesday.

Builders filed 434 permits in March, compared with 395 during the same month a year ago. On a percentage basis, it was the largest year-over-year increase in March permits in 14 years, BAGI said.

Permit filings rose 8 percent in Marion County, from 63 to 68. Johnson County saw filings jump 54 percent, from 35 to 54.

Filings increased 6 percent in Hamilton County, to 157, and 24 percent in Boone County, to 46.

Year-to-date, area permits are up 26 percent over the first three months of 2012, with 1,103 filed so far this year.

Despite improvement, building activity is still well below pre-recession levels. More than 1,100 permits were filed in the area in March 2006.

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  • Waste
    who cares, its only going to saturate the market yet again. we cant even sell the homes we already have...so why flood it more and more? the housing market is going to crash again once the truth comes out that this recovery is nothing but a fake.....the reason we have improved a little is bc of bandaids that are covering the problems

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  1. why oh why does this state continue to elect these people....do you wonder how much was graft out of the 3.8 billion?

  2. i too think this is a great idea. I think the vision and need is there as well. But also agree with Wendy that there may be better location in our city to fulfill this vision and help grow the sports of hockey and figure skating in Indy. Also to help further develop other parts of the city that seem often forgotten. Any of the other 6 townships out side of the three northernmost could benefit greatly from a facility and a vision like this. For a vision that sounds philanthropic, the location is appears more about the money. Would really like to see it elsewhere, but still wish the development the best of luck, as we can always use more ice in the city. As for the Ice growth when they return, if schedules can be coordinated with the Fuel, what could be better than to have high level hockey available to go see every weekend of the season? Good luck with the development and the return of the Ice.

  3. How many parking spaces do they have at Ironworks? Will residents have reserved spaces or will they have to troll for a space among the people that are there at Ruth Chris & Sangiovese?

  4. You do not get speeding ticket first time you speed and this is not first time Mr.Page has speed. One act should not define a man and this one act won't. He got off with a slap on the wrist. I agree with judge no person was injured by his actions. The state was robbed of money by paying too much rent for a building and that money could have been used for social services. The Page family maybe "generous" with their money but for most part all of it is dirty money that he obtained for sources that are not on the upright. Page is the kind of lawyer that gives lawyers a bad name. He paid off this judge like he has many other tine and walked away. Does he still have his license. I believe so. Hire him to get you confiscated drug money back. He will. It will cost you.

  5. I remain amazed at the level of expertise of the average Internet Television Executive. Obviously they have all the answers and know the business inside and out.

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